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Nissan CEO Hiroto Saikawa resigns, successor to be named

YOKOHAMA, Japan — Nissan Chief Executive Hiroto Saikawa tendered his resignation Monday after acknowledging that he had received dubious income and vowed to pass the leadership of the Japanese automaker to a new generation. Board member Yasushi Kimura told reporters at an evening news conference at company headquarters in Yokohama that the board has approved Saikawa's resignation, effective Sept. 16, and a successor will be appointed next month. A search is underway, he added. Calls for Saikawa's resignation, which arose after the arrest last year of his predecessor, Carlos Ghosn, on various financial misconduct allegations, have grown louder after Saikawa acknowledged last week that he had received dubious payments. The income was linked to the stock price of Nissan Motor Co., and he has said his pay got inflated by illicitly adjusting the date for cashing in. The automaker's board met to look into the allegations against Saikawa, as well as other issues related to Ghosn's allegations and corporate ethics at the company. Kimura said the income Saikawa had received was confirmed as "not illegal." Ghosn, who is out on bail and awaiting trial, says he's innocent. Kimura and three other board members, who all have backgrounds outside the company, said their investigation of the scandal over Ghosn's arrest found that alleged misconduct by Ghosn and Greg Kelly, a former board member who was also arrested, had caused 35 billion yen ($350 million) in damage to the company. Nissan will seek a repayment of the damages, Kimura said. The board said about 10 candidates are being considered as a replacement for Saikawa. They did not identify them, but said outsiders and non-Japanese are on the list. Until a successor is decided, Chief Operating Officer Yasuhiro Yamauchi will serve as interim chief, the board said. Saikawa has not been charged. "I have been trying to do what needs to be done so that I can pass the baton over as soon as possible," he told reporters earlier in the day, referring to his willingness to leave his job. Saikawa did not appear at the news conference initially, but the four board members who led the event said he would later. Saikawa has said he didn't know about the improprieties, promised to return the money and blamed the system he said Ghosn had created at Nissan for the dubious payments. Japanese media reports said Saikawa had received tens of millions of yen (hundreds of thousands of dollars) in extra compensation.

Will next-gen Nissan Leaf get CUV version?

After a first generation spent as a pioneer in the hybrid Wild West, the second-generation Toyota Prius settled down and started a family. Why can't the same happen for the next-generation Nissan Leaf? Autocar has a highly speculative report on just such an outcome, but if nothing else it shows that Nissan is open to the idea. Trevor Mann, an executive vice president at Nissan who doubles as the company's chief performance officer, said "There could be more than one Leaf," and that the brand is "still studying other opportunities." That might mean another kind of body style, but Mann's focus on making sure Nissan on properly converting "the market intelligence that we're gathering" makes it sound like any kind of decision is a long way in the future. Outsiders keep pointing at an electric crossover as the logical step, and the company has already shown the remarkably polished, seven-seater Hi-Cross Concept. Before any of that can happen, right now Nissan is still busy tweaking the formula for the current Leaf to shake off lower sales this year. Then, there remain plenty of questions swirl about the next-generation Leaf, the first being when will it get here. Sometime in 2017 is the latest rumor based on comments made by ex-product honcho Andy Palmer, but the date is really as much of a mystery as its range - which could be more than 300 miles, the way it will look, and the feature set. If they need an easy idea for some kind of utility vehicle they've already got Sparky, the Leaf pickup truck, in-house (pictured). We'd give that the thumbs up. Featured Gallery Nissan Leaf Frontier View 9 Photos News Source: Autocar Green Nissan Crossover Hatchback Electric Future Vehicles

North Carolina now charging $100-per-year EV road-use fee

Tobacco Road just got a little more expensive for drivers of electric vehicles such as the Nissan Leaf and Tesla Model S. This year, North Carolina started instituting an annual $100 road-use fee for electric-vehicle drivers in order to close at least a little of the budgetary shortfall for road maintenance in the Tar Heel State, the News Observer reports. North Carolina legislators failed to green-light a hybrid-vehicle fee of $50 a year, which may have made a little more of a dent in the state's road funding. As it is, about 1,600 EVs are registered in North Carolina, meaning that the state will collect about $160,000 in such fees this year. And while some in the state are concerned that the fee could hurt EV adoption, others say it's fair because of the $7,500 in federal tax credits EV buyers get. Oh, and the fact that EV drivers don't pay gasoline taxes. Either way, the fees are a proverbial drop in the bucket, as North Carolina's transportation shortfall is estimated to average about $2 billion a year during the next three decades or so. Other states are starting to charge EV drivers a road-use fee as well. Last February, Washington State began instituting its own electric-vehicle fee of $100 per annum, and a number of other states are considering similar policies. News Source: News Observer via EV WorldImage Credit: Copyright 2014 Sebastian Blanco/AOL Government/Legal Green Nissan Electric north carolina